urban-gro Inc. (UGRO) Misses Q4 EPS by 22c, offers outlook

urban-gro Inc. (NASDAQ: UGRO) reported Q4 EPS of ($0.34), $0.22 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $15 million versus the consensus estimate of $29 million.

Full Year 2024 Guidance:

Revenue of more than $84.0 million, versus the consensus of $112.5 milion, representing growth of at least 17.4%
Positive Adjusted EBITDA 1

First Quarter 2024 Preliminary Guidance vs Prior Year Period:

Revenue at or better than $15.0 million, versus the consensus of $27.51 million, as compared to $16.8 million
Adjusted EBITDA 1 at or better than ($0.5) million, as compared to $(3.4) million

For earnings history and earnings-related data on urban-gro Inc. (UGRO) click here.

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